This off MCT website AB inferred resource170Mt @ 7.5% ZnEq
In ground metal value USD$43B = Aussie $56,000,000,000.
That's not a fabrication. Sure it's inferred, cut it in half if you like still a good number.
Feas will ascertain mineability, engineering, met recovery etc = payable metal $$$
Dion you are 100% correct when you say that funding of drilling & engineering will take the risk out of that payable metal calculation, then MCT market cap will gradually reflect the expected NPV. Still a few years away no doubt but 4c will be a distant memory when the chart settles into that groove. Funding (always) required so a good MD must travel around and rattle the can, guild the lily a bit, paint the sky blue - that's his job. It's a tightrope with no net so give the bloke a break ffs. $20M raised from some of the current suitors is bugger all for them to secure feed conc/offtake, getting NA exposure will ratchet competitive tension with Asia so TSX move is a good call imho. Don't forget Napier Range either, shorter term MVT acquired pretty cheap, now the company isn't a one trick pony.
Show me a resource like AB with that much potential anywhere in the world! I want to see it. There aren't many...
Hardrock
- Forums
- ASX - By Stock
- ZINC - massive growth just beginning
This off MCT website AB inferred resource 170Mt @ 7.5% ZnEq In...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.21M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $5K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 58871202 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 63350345 | 61 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 58871202 | 0.002 |
53 | 127192147 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 63350345 | 61 |
0.004 | 15995253 | 11 |
0.005 | 10827333 | 12 |
0.006 | 18305889 | 14 |
0.007 | 10360000 | 3 |
Last trade - 10.19am 31/05/2024 (20 minute delay) ? |
|
|||||
Last
0.2¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.2¢ | 0.2¢ | 0.2¢ | 3580000 | ||
Last updated 15.11pm 31/05/2024 ? |
Featured News
MCT (ASX) Chart |